StoneCastle Financial Corp. is a closed ended balanced mutual fund launched and managed by StoneCastle Asset Management LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across the banking sector. It invests in dividend paying growth and value stocks of companies. For its fixed income portion, the fund invests in subordinated debt securities which are rated BBB- or better by Kroll Ratings. The fund employs fundamental analysis with bottom-up security picking approach by focusing on factors such as review of historical and prospective financial information, interviews with management and key employees of the prospective bank, financial models and projections, changes in interest rates, changes in unemployment rates, changes in home prices, changes in economic activity to create its portfolio. It employs proprietary research to create its portfolio. StoneCastle Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.
ArrowMark Financial Dividend Announcement
• ArrowMark Financial announced a quarterly dividend of $0.45 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-26
• ArrowMark Financial annual dividend for 2024 was $1.35
• ArrowMark Financial annual dividend for 2023 was $2.20
• ArrowMark Financial's trailing twelve-month (TTM) dividend yield is 9.04%
• ArrowMark Financial's dividend growth over the last five years (2018-2023) was 5.79% year
• ArrowMark Financial's dividend growth over the last ten years (2013-2023) was 22.89% year
ArrowMark Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | $0.45 | quarterly | 2024-09-30 |
2024-06-24 | $0.45 | quarterly | 2024-06-28 |
2024-03-20 | $0.45 | quarterly | 2024-03-28 |
2023-12-28 | $0.55 | quarterly | 2024-01-05 |
2023-10-19 | $0.42 | quarterly | 2023-10-27 |
2023-09-21 | $0.45 | quarterly | 2023-09-29 |
2023-06-20 | $0.39 | quarterly | 2023-06-28 |
2023-03-23 | $0.39 | quarterly | 2023-03-31 |
2022-12-28 | $0.49 | quarterly | 2023-01-05 |
2022-09-21 | $0.39 | quarterly | 2022-09-29 |
2022-06-21 | $0.39 | quarterly | 2022-06-29 |
2022-03-18 | $0.39 | quarterly | 2022-03-28 |
2021-12-28 | $0.48 | quarterly | 2022-01-05 |
2021-09-20 | $0.38 | quarterly | 2021-09-28 |
2021-06-18 | $0.38 | quarterly | 2021-06-28 |
2021-03-17 | $0.38 | quarterly | 2021-03-25 |
2020-12-18 | $0.38 | quarterly | 2021-01-05 |
2020-09-24 | $0.38 | quarterly | 2020-09-30 |
2020-06-18 | $0.38 | quarterly | 2020-06-26 |
2020-03-17 | $0.38 | quarterly | 2020-03-25 |
2019-12-20 | $0.38 | quarterly | 2020-01-03 |
2019-09-20 | $0.38 | quarterly | 2019-09-27 |
2019-06-19 | $0.38 | quarterly | 2019-06-26 |
2019-03-18 | $0.38 | quarterly | 2019-03-26 |
2018-12-21 | $0.52 | quarterly | 2019-01-02 |
2018-09-21 | $0.38 | quarterly | 2018-09-28 |
2018-06-20 | $0.38 | quarterly | 2018-06-28 |
2018-03-19 | $0.38 | quarterly | 2018-03-27 |
2017-12-21 | $0.38 | quarterly | 2018-01-03 |
2017-09-20 | $0.38 | quarterly | 2017-09-28 |
2017-06-16 | $0.37 | quarterly | 2017-06-29 |
2017-03-20 | $0.37 | quarterly | 2017-03-29 |
2016-12-20 | $0.37 | quarterly | 2017-01-03 |
2016-09-23 | $0.37 | quarterly | 2016-09-30 |
2016-06-16 | $0.37 | quarterly | 2016-06-29 |
2016-03-17 | $0.35 | quarterly | 2016-03-29 |
2015-12-18 | $0.35 | quarterly | 2016-01-04 |
2015-09-17 | $0.33 | quarterly | 2015-09-29 |
2015-06-17 | $0.33 | quarterly | 2015-06-29 |
2015-03-18 | $0.50 | quarterly | 2015-03-30 |
2014-12-10 | $0.50 | quarterly | 2015-01-02 |
2014-09-10 | $0.50 | quarterly | 2014-09-26 |
2014-06-11 | $0.50 | quarterly | 2014-06-27 |
2014-03-13 | $0.50 | quarterly | 2014-04-01 |
2013-12-19 | $0.28 | quarterly | 2014-01-02 |
ArrowMark Financial Dividend per year
ArrowMark Financial Dividend growth
ArrowMark Financial Dividend Yield
ArrowMark Financial current trailing twelve-month (TTM) dividend yield is 9.04%. Interested in purchasing ArrowMark Financial stock? Use our calculator to estimate your expected dividend yield:
ArrowMark Financial Financial Ratios
ArrowMark Financial Dividend FAQ
Other factors to consider when evaluating ArrowMark Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: ArrowMark Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, ArrowMark Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, ArrowMark Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from ArrowMark Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: ArrowMark Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, ArrowMark Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ArrowMark Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of ArrowMark Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review ArrowMark Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.